Question: Please answer thisAn irvestor has a $ 8 0 , 0 0 0 need in 3 6 months. The investor has accumulated $ 3 2

Please answer thisAn irvestor has a $80,000 need in 36 months. The investor has accumulated $32,000 thus far. How much will the irvestor need to irvest per month at 4.50% to reach the $80.000 goal in 36 months?
Please answer thisAn irvestor has a $ 8 0 , 0 0 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!